Official sources and verification (13)
Last verified Oct 25, 2026. Each quotation supports the corresponding published value.
BoardMontana Division of Banking and Financial Institutions
Montana Division of Banking and Financial Institutions
The Montana Division of Banking and Financial Institutions does all of its licensing through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
Official agency pageOpen the official agency page
https://banking.mt.gov/BFID/mortgage-consumer-finance/MLO
The Montana Division of Banking and Financial Institutions does all of its licensing through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
Apply with the agencyOpen the official agency page
https://banking.mt.gov/BFID/mortgage-consumer-finance/MLO
The Montana Division of Banking and Financial Institutions does all of its licensing through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
Qualifications / Required hours20 hours of pre-licensure education plus 2 hours of Montana-specific education.
20 hours of pre-licensure education plus 2 hours of Montana-specific education.
All new loan originator applicants must first complete 20 hours of pre-licensure education (PE) plus 2 hours of Montana-specific education before they can apply for a Montana license through NMLS.
Official sourceLast verified Oct 25, 2026
Qualifications / ExamNational SAFE MLO Test Component with uniform state content.
National SAFE MLO Test Component with uniform state content.
The Montana Division of Banking and Financial Institutions has adopted the National SAFE MLO Test Component with uniform state content effective July 1, 2013.
Official sourceLast verified Oct 25, 2026
Fees / Renewal$100
100
Mortgage Loan Originators
Renewal Fee: $100
Official sourceLast verified Oct 25, 2026
Renewal period in years1 years
1
All Montana licenses must be renewed annually between November 1st and December 31st through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
RenewalAll Montana licenses must be renewed annually between November 1st and December 31st through the Nationwide Multistate Licensing System (NMLS).
All Montana licenses must be renewed annually between November 1st and December 31st through the Nationwide Multistate Licensing System (NMLS). Applies to: Montana mortgage loan originator licenses
All Montana licenses must be renewed annually between November 1st and December 31st through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
Continuing education hours8 hours
8
MLOs must complete 8 hours of Continuing Education (CE) in order to renew their license.
Official sourceLast verified Oct 25, 2026
Continuing education topicsNo Montana-specific CE is required; CE is not required in the year pre-licensure education is completed.
No Montana-specific CE is required; CE is not required in the year pre-licensure education is completed.
There is no Montana-specific education requirement for CE. Those who completed Pre-Licensure Education (PE) that same year do not need to complete CE.
Official sourceLast verified Oct 25, 2026
ReciprocityEducation credit: qualifying NMLS-approved continuing education completed for another state is credited toward Montana CE.
Education credit: qualifying NMLS-approved continuing education completed for another state is credited toward Montana CE.
A person who has successfully completed the education requirements that comply with the requirements of subsections (1) and (2) and that are approved by the NMLS for any other state must be given credit toward completion of continuing education requirements in Montana.
Official sourceLast verified Oct 25, 2026
Agency guidanceA Montana license is required for residential mortgage loan originators unless exempt under 32-9-104; sponsorship by a Montana-licensed company or branch is required.
A Montana license is required for residential mortgage loan originators unless exempt under 32-9-104; sponsorship by a Montana-licensed company or branch is required.
The Montana mortgage loan originator license is for any residential mortgage loan originator, unless exempt under 32-9-104 Montana Mortgage Act - Proof of Exemption. Loan Originators are required to be sponsored by a MT-licensed company or branch.
Official sourceLast verified Oct 25, 2026
Agency guidanceRenew through the agency's annual-renewal instructions: https://banking.mt.gov/BFID/renewal
Renew through the agency's annual-renewal instructions: https://banking.mt.gov/BFID/renewal
All Montana licenses must be renewed annually between November 1st and December 31st through the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026